- Japan Tobacco has increased its full-year operating income forecast to 739.00 billion yen from the previous forecast of 671.00 billion yen, surpassing analyst expectations of 733.4 billion yen.
- The company projects a net income of 494.00 billion yen, slightly below the analyst estimate of 495.3 billion yen but higher than the previous figure of 450.00 billion yen.
- Net sales are expected to reach 3.34 trillion yen, up from the previous 3.27 trillion yen, though falling short of the estimated 3.39 trillion yen.
- Projected dividend per share is 208.00 yen, an increase from 194.00 yen, surpassing the expected 204.89 yen.
- In the first half results, tobacco adjusted operating profit was 556.14 billion yen, pharmaceuticals contributed 4.16 billion yen, and processed food brought in 2.57 billion yen.
- External revenue for tobacco was 1.61 trillion yen, pharmaceuticals 48.33 billion yen, and processed food 76.75 billion yen.
- For the second quarter, net income was 162.43 billion yen, exceeding the estimate of 156.41 billion yen.
- Net sales for the same quarter stood at 907.56 billion yen, above the expected 897.55 billion yen.
- Operating income for the second quarter was slightly below estimates at 231.11 billion yen, compared to the estimated 232.55 billion yen.
- The company received 6 buy ratings, 9 hold ratings, and no sell ratings from analysts.
A look at Japan Tobacco Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts evaluating Japan Tobacco‘s long-term outlook using Smartkarma Smart Scores foresee a mixed bag for the company. While Japan Tobacco excels in dividend payout, receiving a top score of 5, its growth potential lags behind with a score of 2. The company scores moderately on value, resilience, and momentum, indicating a stable but not outstanding performance in these areas.
Japan Tobacco, Inc., known for its diverse portfolio ranging from cigarettes to pharmaceuticals and food products, faces a future where its strengths in dividends are balanced by concerns over growth. Investors may find the company appealing for its consistent dividend payouts, yet cautious due to its lower growth prospects compared to its peers.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
